Comparison between Chiraharit IPO and Matrix Geo Solutions IPO.
Chiraharit IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Matrix Geo Solutions IPO is a SME Bookbuilding proposed to list at NSE SME.
| Chiraharit IPO | Matrix Geo Solutions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Anant Securities | Prabhat Financial Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Chiraharit IPO is up to ₹29.51 Cr whereas the issue size of the Matrix Geo Solutions IPO is up to ₹37.98 Cr. The final issue price of Chiraharit IPO is ₹21.00 per share and of Matrix Geo Solutions IPO is ₹104.00 per share.
| Chiraharit IPO | Matrix Geo Solutions IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹98.00 per share | |
| Issue Price (Upper) | ₹104.00 per share | |
| Issue Price (Final) | ₹21.00 per share | ₹104.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 1200 shares |
| Fresh Issue Size | 1,40,52,000 shares | 36,51,600 shares |
| Fresh Issue Size (Amount) | up to ₹29.51 Cr | up to ₹37.98 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,40,52,000 shares | 36,51,600 shares |
| Issue Size Total (Amount) | up to ₹29.51 Cr | up to ₹37.98 Cr |
Chiraharit IPO opens on Sep 29, 2025, while Matrix Geo Solutions IPO opens on Sep 23, 2025. The closing date of Chiraharit IPO and Matrix Geo Solutions IPO is Oct 03, 2025, and Sep 25, 2025, respectively.
| Chiraharit IPO | Matrix Geo Solutions IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2025 | |
| Issue Open | Sep 29, 2025 | Sep 23, 2025 |
| Issue Close | Oct 03, 2025 | Sep 25, 2025 |
| Basis Of Allotment (Tentative) | Oct 06, 2025 | Sep 26, 2025 |
| Initiation of Refunds (Tentative) | Oct 07, 2025 | Sep 29, 2025 |
| Credit of Share (Tentative) | Oct 07, 2025 | Sep 29, 2025 |
| Listing date (Tentative) | Oct 08, 2025 | Sep 30, 2025 |
| Anchor Lockin End date 1 | Oct 26, 2025 | |
| Anchor Lockin End date 2 | Dec 25, 2025 |
Chiraharit IPO P/E ratio is 13.95, as compared to Matrix Geo Solutions IPO P/E ratio of 19.02.
| Chiraharit IPO | Matrix Geo Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)Chiraharit Ltd.'s revenue increased by 96% and profit after tax (PAT) rose by 898% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Matrix Geo Solutions Ltd.'s revenue increased by 61% and profit after tax (PAT) rose by 75% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 100 | 91.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73 | 67.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.95 | 19.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹115.07 Cr. | ₹151.65 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 62.91 | 35.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.29 | 33.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.11 | 0.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.51 | ₹5.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 62.91 | 35.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Chiraharit IPO Retail Individual Investors (RII) are offered 70,26,000 shares while in Matrix Geo Solutions IPO retail investors are offered 70,26,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Chiraharit IPO and 7,30,800 shares in Matrix Geo Solutions IPO.
| Chiraharit IPO | Matrix Geo Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 10,90,800 shares |
| Market Maker Reservation | 7,44,000 shares | 2,13,600 shares |
| QIB | 0 shares | 7,30,800 shares |
| NII | 70,26,000 shares | 5,50,800 shares |
| RII | 70,26,000 shares | 12,79,200 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 1,40,52,000 shares | 36,51,600 shares |
Chiraharit IPO subscribed 1.88x in total, whereas Matrix Geo Solutions IPO subscribed 7.69x.
| Chiraharit IPO | Matrix Geo Solutions IPO | |
|---|---|---|
| QIB (times) | 12.50x | |
| NII (times) | 0.73x | 8.87x |
| Big NII (times) | 10.27x | |
| Small NII (times) | 6.05x | |
| RII (times) | 3.03x | 4.43x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.88x | 7.69x |
